Bit Digital Joins Growing List of Crypto Firms Reporting Quarterly Losses

May 15, 2026 - 12:30
Bit Digital Joins Growing List of Crypto Firms Reporting Quarterly Losses
Bit Digital (BTBT) reported a Q1 2026 net loss of $146.7 million. Mark-to-market hits of $121.1 million on its digital asset holdings drove most of the damage. The Ethereum (ETH)-focused strategic asset company joins a growing list of crypto firms posting steeper Q1 losses. ETH Treasury Markdowns Weigh on Bit Digital Revenue at Bit Digital...

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